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The Industry COVID Can't Kill

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This industry is one that can help states bounce back from crippling deficits as they begin to rebui

This industry is one that can help states bounce back from crippling deficits as they begin to rebuild once the pandemic is over. [Outsider Club logo] The Industry COVID Can't Kill By Ryan Stancil Written Oct 14, 2020 No one knows what America is going to look like a year from now. Between the pandemic, the ongoing social unrest, the coming election, and the never-ending game of geopolitics, there’s no telling what the climate in this country will be in 365 days. And while all of those aspects play important roles, it’s perhaps the pandemic that will have the longest-lasting effect on life in the United States. Yes, there’s the obvious human toll, something states are experiencing on different levels. But, longer-term, there will also be the financial toll. You already know about the business closures, layoffs, and runaway unemployment that comes with those things, but then it’s important to think about what that means for state budgets. A portion of every state’s citizens isn't working right now. Another portion isn't spending like they used to. That means states aren’t bringing in the tax revenue they're used to. That ripples out to things like schools, civil services, and other areas the public relies on. And unlike the federal government, those states aren’t able to simply conjure new money out of thin air to make up for that projected shortfall. Get Rich From Solving the Aging Crisis A recent United Nations study shows that our elderly population is growing at an alarming rate. By 2050, at least 1 in every 6 elderly folks will be over 65 (as opposed to 1 in every 11 in 2019)... Think about that for a second. There will be fewer people in the workforce. And economists are worried this will lead to less productivity. But because of a certain company’s breakthrough technology, there’s no need to worry. You see, packed into this tiny space is a technology that could reshape human history and generate up to $15 trillion in new wealth over the next five years.Jeff Bezos, Peter Thiel, and even the Rockefellers have already poured millions into this firm. By following their lead, you have the chance to turn just a $500 stake into over $1.5 million. But you must act immediately. This could be the most significant technological breakthrough in human history.You cannot afford to miss out. [Click here to get started](. It’s something governors are already beginning to prepare for, but the reality is still going to sting when it finally hits. And they don’t have many options when it comes to getting the cash. Like I said, there’s no printing money. Likewise, raising taxes is going to be out of the question. There is one thing states will be able to do to stop the bleeding, however. It’s a matter of turning to a relatively new industry that’s proven able to withstand the economic freefall we’ve been seeing for the past few months. A Shelter from the Storm It’s been proven that ‘vice’ industries and health care tend to be able to withstand downturns. The marijuana industry can be seen as a bit of both. Marijuana legalization has been a big economic story for only the last few years, so this downturn brought on by the pandemic can be seen as its first big test. Consider the states of Oregon and Washington, which both have legal recreational and medical marijuana use. Since the pandemic began in the U.S., these states have seen surges in sales. Oregon’s sales were up 60% from May of 2019, crossing the $100 million line for the first time since legalization in 2015. Likewise, Washington saw an increase of nearly 30% in March, April, and May over the same period last year. With these numbers come increased tax revenue. Washington charges 37% sales tax while Oregon gets 17%, leaving both states with something to help patch the hole left by the blow their economies have taken over these past three months. Have Amazon Pay YOU Amazon has transformed the entire retail market in America and, in the process, made thousands of Americans rich. Its stock is now over $3,000. That’s why some would say that ship has sailed. But it’s not too late to make a fortune from Amazon without buying any of its stock. There are under-the-radar companies that help Bezos expand his dominance in the retail industry. And they're paying regular investors like you upwards of $48,000 each year. It's a virtually unknown way to collect mammoth-sized payouts from America's biggest company. Once you're set up, you won't need to do anything again, but this window of opportunity is shrinking. [Click here now to learn how you can start collecting today...]( Now, in all fairness, that isn’t necessarily the case everywhere marijuana is legal. Take the states of Colorado and Nevada. Colorado saw a dip in recreational sales in April, by about 12%. Medical sales were up, however, by about 10%. In Nevada, most marijuana is sold in Clark County, where Las Vegas is located. Statewide, sales were down about 25% in May. Still, in 2019, Nevada saw sales of $629 million, which was 20% higher than 2018 and showed just how capable the industry is of fattening the state’s coffers. It also helps to consider the fact that Colorado and Nevada are big tourist states, more so than Oregon and Washington. When you take that into account, it’s easy to see why the marijuana industries in those areas stumbled these past few months. And when you look at what those states have sold just last year, it’s easy to see the potential as states begin to recover from the pandemic. The states that have legal dispensaries have largely caught on. Most states deemed marijuana dispensaries to be “essential services”, meaning they were allowed to continue operations during stay-at-home orders. They know [this industry is one that can help them bounce back from crippling deficits]( as they begin to rebuild once the pandemic is over. And it’s a trend that could spread to the rest of the country. [This Army Veteran Is Whipping America’s Cannabis Industry Into Shape]( He’s armed with $300 million in funding, and he’s putting up production numbers this country has never seen. But his story is about to get much bigger: due to the devastation of COVID-19, states are going to rush to legalize cannabis so they can replenish falling tax revenues. As more states legalize, this army veteran is going to lead the way in the coming USA cannabis boom. Early investors could make a fortune... I made outstanding gains on the first cannabis boom: 3,220% on early cannabis winner Canopy Growth, and then I made 6,092% on Cronos. But I’m not resting on my laurels — new U.S. legalizations will create the biggest cannabis investment opportunity I’ve ever seen. There are still fortunes to be made... and this is your chance. [I urge you to join us while you still can.]( A Coming Cultural Change No state wants to leave money on the table, especially when they’ll be strapped for cash in the coming years. It’s for that reason that many see the legalization of marijuana on a federal level happening sooner than later. And when it does happen, there’s one company in particular that stands to benefit. It has almost a quarter billion dollars in funding. Its founder has scooped up 11 different companies to bring under his umbrella. It’s already secured overseas clients, so its ambitions aren’t limited to sales here in the U.S. In short, when weed becomes legal in the U.S., this company’s shares will skyrocket. It’s a story investors should know about while it’s still early. Jimmy Mengel, who was the first to uncover Canopy Growth before it became a runaway success, has all the details. [You can learn all about them right here](. Keep your eyes open, Ryan Stancil Contributing Editor, Outsider Club Ryan is an associate editor and regular contributor to [Outsider Club](. Since 2014, his articles have offered commentary on technology and geopolitics to help readers make sense of the constantly changing landscape and how it affects their investments. *Follow Outsider Club on [Facebook]( and [Twitter](. Enjoy reading this article? [Click here]( to like it and receive similar articles to read! Browse Our Archives [America's Plan to Stop China]( [You Asked, We Answered]( [This Tech Could Have Saved Trump... and Thousands of Others]( [The Era of Price Discovery is Over (Until It's Not)]( [Gold Always Tests Positive]( --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. If you're not sure why you've received this e-letter, or no longer wish to receive it, you may [unsubscribe here](, and view our privacy policy and information on how to manage your subscription. To ensure that you receive future issues of Outsider Club, please add newsletter@outsiderclub.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. [Outsider Club](, Copyright © 2020, [Angel Publishing LLC]( & Outsider Club LLC, 304 W Pacific Avenue, Suite 210 Spokane, WA 99201. For Customer Service, please call (855) 496-0830. All rights reserved. [View our privacy policy here.]( No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned. Angel Publishing and Outsider Club does not provide individual investment counseling, act as an investment advisor, or individually advocate the purchase or sale of any security or investment. Subscribers should not view this publication as offering personalized legal or investment counseling. Investments recommended in this publication should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company in question. This letter is not intended to meet your specific individual investment needs and it is not tailored to your personal financial situation. Nothing contained herein constitutes, is intended, or deemed to be – either implied or otherwise – investment advice. Neither the publisher nor the editors are registered investment advisors. This letter reflects the personal views and opinions of Nick Hodge and that is all it purports to be. While the information herein is believed to be accurate and reliable it is not guaranteed or implied to be so. Neither Nick Hodge, nor anyone else, accepts any responsibility, or assumes any liability, whatsoever, for any direct, indirect or consequential loss arising from the use of the information in this letter. The information contained herein is subject to change without notice, may become outdated and may not be updated. Nick Hodge, entities that he controls, family, friends, employees, associates, and others may have positions in securities mentioned, or discussed, in this letter. No part of this letter/article may be reproduced, copied, emailed, faxed, or distributed (in any form) without the express written permission of Nick Hodge or the Outsider Club. Unauthorized reproduction of this newsletter or its contents by Xerography, facsimile, or any other means is illegal and punishable by law.

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